'
Salzer Electronics hosted a
conference call on Feb 17, 2025. In the conference call the company was
represented by Rajesh Doraiswamy, Joint Managing Director.
Key takeaways of the call
Sales & PAT grew strong 26% /15%
in Q3FY25. The growth was mainly driven
by switchgear (grew 42.3% YoY and contributed 60.8% to the total revenues) &
building products businesses (contributed 6.8% to the total revenue). This growth has been achieved despite the
slight slowdown setting in amidst macro-economic uncertainties and continued
geopolitical tensions in parts of world.
Contribution from Exports at
30.68%, export revenue grew 60.5% YoY in Q3 FY25, driven by higher sales from
Middle East and Africa and Asian countries. Exports to the Americas grew 25%YoY,
Asian countries grew 92% YoY, and Europe grew 36% YoY in Q3FY25.
Smart meters – The first order of
Rs 5 crore for smart meters has been dispatche...
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